Venture Capital

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

(source: en.wikipedia.org)

InDrive Secures Additional $150 Million to Grow Mobility Platform
InDrive Secures Additional $150 Million to Grow Mobility Platform
March 14, 2024  |  Gig Economy

Global mobility and urban services platform inDrive’s financing arrangement with General Catalyst has been expanded to $300 million. The company has secured an additional $150 million from General...

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Amazon VC Fund Expands Focus to AI, Robotics, Last Mile
Amazon VC Fund Expands Focus to AI, Robotics, Last Mile
February 28, 2024  |  Amazon Investments

Amazon’s $1 billion Industrial Innovation Fund is ramping up investments in companies that combine artificial intelligence (AI) and robotics. The company will focus on this...

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Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
February 27, 2024  |  Investments

Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A round.  The company plans to use...

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Bain Capital Tech Opportunities Fund Says AI Investments Too ‘Speculative’
Bain Capital Tech Opportunities Fund Says AI Investments Too ‘Speculative’
February 22, 2024  |  artificial intelligence

Bain Capital’s tech fund for growth companies reportedly stands out from others by not rushing to back the latest artificial intelligence (AI) startups. Darren Abrahamson,...

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Reddit May Go Public in March Following IPO Filing
Reddit May Go Public in March Following IPO Filing
February 22, 2024  |  IPO

Social media platform Reddit has reportedly publicly filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The move comes more than two...

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Hack VC Raises $150 Million for Web3, Financial Infrastructure Investments
Hack VC Raises $150 Million for Web3, Financial Infrastructure Investments
February 20, 2024  |  Blockchain

Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led...

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Recogni Raises $102 Million to Meet AI Applications’ Compute Demand
Recogni Raises $102 Million to Meet AI Applications’ Compute Demand
February 20, 2024  |  Investments

Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 million. The funding will be used to drive the...

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Friction Fighters: How to Monetize Friction and Ignite Platforms in the Digital Economy
Friction Fighters: How to Monetize Friction and Ignite Platforms in the Digital Economy
February 12, 2024  |  Opinion

Decisions, Decisions It is said that the average person makes 35,000 decisions a day. Some, like whether to have oatmeal or eggs for breakfast, don’t...

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VC Veterans: AI Now a Part of 80% of Funding Pitches
VC Veterans: AI Now a Part of 80% of Funding Pitches
February 04, 2024  |  artificial intelligence

For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI. The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a...

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